Invesco, AllianceBernstein Get Equal Weight From Morgan Stanley

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Mani
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Investment management firms Invesco Ltd. (NYSE:IVZ) and AllianceBernstein Holding LP (NYSE:AB) got an equal weight rating from Morgan Stanley (NYSE:MS). Matthew Kelley and the team at Morgan Stanley also view Franklin Resources, Inc. (NYSE:BEN)’s announcement of enhanced quarterly dividend as positives for BEN. Invesco retains equal weight Morgan Stanley analysts view Invesco as a global, diversified platform that is likely to generate organic growth over most of its peers. The analysts remain ‘equal-weight’ on Invesco Ltd. (NYSE:IVZ) as they consider Invesco’s consistently strong positive operative leverage as the most significant positive catalyst going forward. The analysts point out that Invesco Ltd. (NYSE:IVZ) inflows…

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Mani is a Senior Financial Consultant. He has worked in Senior Management role in large banking, financial and information technology organizations. He has provided solutions for major banking and securities firms across the globe in the area of retail, corporate and investment banking. He holds MBA (Finance) and Professional Management Accounting Qualifications. His hobbies are tracking global financial developments and watching sports